Aurania Reports that Ecuadorian Government has Replaced the Head of SENAGUA – the Water Authority
Toronto, Ontario, October 16, 2019 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) (“Aurania” or the “Company”) reports that the Ecuadorian government has replaced the director of SENAGUA, the institution that manages water resources throughout the country. The new Secretary of SENAGUA, Mr. Marco Troya, was appointed by Ecuador’s President Moreno yesterday.
Excessive delays in the issuance of water permits for scout drilling have slowed the rate at which Aurania has been able to drill-test its numerous targets in the Lost Cities – Cutucu Project in southeastern Ecuador. Aurania looks forward to working closely with the new administration towards faster permit approvals under the stringent standards demanded by SENAGUA.
Aurania is a junior mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
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Manager – Investor Services
Aurania Resources Ltd.
|Dr. Richard Spencer
Aurania Resources Ltd.
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